AGP Executive Report
Last update: 5 hours agoClimate Finance: Brazil’s COP30 presidency says reforms could mobilize $1.27 trillion to $1.41 trillion a year for developing countries by 2035, but calls for swift action from lenders and richer nations. Argentina: Pope Leo arrives as tensions loom with Javier Milei over austerity measures the Church says hurt the poor. Cuba: Díaz-Canel is touting banking reforms as the peso slides; on Nov. 7, the informal dollar rate stood at 933 pesos, against the official 800. Paraguay: Former president Santiago Peña and ex-central bank chief Carlos Carvallo face charges tied to the Ueno Bank scandal, which has put public and pension funds at risk and affected about two million savers. Brazil: Lula celebrated his election victory and insisted Brazil would make foreign-policy decisions independently, pushing back against pressure from Washington and Israel. Colombia: A trade deal with the UAE advanced in Congress, with 85% of Colombian products set for immediate duty-free access if the pact takes effect.
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